When Mergers Wipe Memory: The VMW/AVGO Basis Surgery
Audit Log #002
The 19-Month DNA Reclamation
AI GUESSES, FDL RECONSTRUCTS.
The Memory Wipe
When VMware was absorbed by Broadcom, millions of holding periods were erased. While the world focused on the $61B price tag, Sophisticated Tax Professionals faced a silent catastrophe: Mixed Consideration.
Brokers reset the acquisition clock to zero on Nov 22, 2023. For a client holding since June 2022, this is a $3,763 direct hit to their wealth—a tax penalty triggered solely by a broker's hallucination. FDL is the only bridge back to the truth.
64s Surgical Proof
FDL Engine preserves the 19-month historical DNA.
The Basis Equation
FDL does not "guess" merger terms. We execute a deterministic split of the original $12,250.00 cost basis. Every cent is accounted for across the new asset landscape.
Forensic Evidence: The DNA Recovery
- ACQUISITION DATE: 2023-11-22 (Reset)
- HOLDING PERIOD (JAN '24): SHORT-TERM (44 Days)
- ALLOCATED BASIS (CASH): $0.00
- ACQUISITION DATE: 2022-06-03 (19-Month DNA)
- HOLDING PERIOD (JAN '24): LONG-TERM (Preserved)
- ALLOCATED BASIS (CASH): $5,867.75 (Offset Boot)
- CARRYOVER BASIS (STOCK): $6,382.25 (Secured to AVGO)
CHOOSE YOUR NEXT STEP
FDL — deterministic tax infrastructure for prepared, in-scope records.